Colorado Teardrop Trailers to liquidate

BOULDER – Colorado Teardrop Trailers LLC, a company that manufactured aerodynamic-designed camper trailers in Boulder and was developing campers with batteries that could charge electric vehicles, has filed for Chapter 7 bankruptcy protection.

The filing was made Thursday in U.S. Bankruptcy Court for the District of Colorado.

Under Chapter 7, a bankruptcy trustee gathers and sells the debtor’s nonexempt assets and uses the proceeds to pay creditors or other holders of claims under the terms of the Bankruptcy Code. That code also allows the debtor to keep certain “exempt” property, but a trustee will liquidate the debtor’s remaining assets.

The company listed liabilities…